All kinds of factors are coming together beautifully.
With a sense of urgency. No more dilly-dallying around.
Just as the Fed accelerates its QE Unwind. Treasuries reacted.
And how would the housing market digest these kinds of mortgage rates?
Nine years of scorched-earth monetary policies come home to roost.
Oops, they’re already rising.
Or will China’s waning appetite for US Treasuries cause a disruption in the Treasury market?
Inflation expectations now exceed the Fed’s target.
A financial shot before the bow of the White House.
Sez Fitch & Yellen.